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Which One of the Following Correctly Indicates the Position of the Parties

question 45

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Which one of the following correctly indicates the position of the parties in respect to contracts involving minors?


Definitions:

Railroads

Railroads are companies that operate trains on a set of tracks for the transport of goods and passengers.

Conserve And Administer

The act of preserving resources or assets and managing them responsibly for current and future use.

Chapter 11

A chapter of the U.S. Bankruptcy Code allowing a business to continue operations while reorganizing its debts under court supervision.

Creditors

Individuals or entities to whom money is owed by a debtor.

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